After flopping in August, pivotal Sept. jobs report expected to show rebound in hiring – By Daniel Uria (UPI) / Oct 8 2021
Oct. 8 (UPI) — The Labor Department will issue its September jobs report on Friday in what’s expected to be one of the more pivotal employment assessments of the COVID-19 era, and analysts project that it’ll show about a half-million new jobs for the month.
Most economists expect the report to show a substantial increase over August, when a disappointing 235,000 were added to U.S. payrolls — about 500,000 fewer than most everyone anticipated.
President Joe Biden said at the time that the report showed the continuing influence of the Delta coronavirus variant in the United States.
Economists surveyed by FactSet and The Wall Street Journal estimate that the U.S. economy added 500,000 jobs in the month of September — and the monthly report by ADP and Moody’s Analytics on Wednesday, which is always a precursor to the Labor Department report and sometimes offers a hint of what the official report will show, showed an addition of 568,000 private sector jobs last month.
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